OpenRent

From Wikipedia, the free encyclopedia
OpenRent Ltd
TypePrivate
IndustryLetting agent, Real Estate, Technology
Founded2012 (2012)
Headquarters
London
,
United Kingdom
Key people
Darius Bradbury (Founder)
Adam Hyslop (Founder)
Websitewww.openrent.co.uk

OpenRent is an online letting agent and property service provider, founded in 2012. It is a UK-based startup company focused on technological solutions to property rentals.[1] It claims to be the largest letting agent in the UK based on number of properties, boasting over 2 million users as of 2019.[2]

History[]

OpenRent was founded in 2012 by two Oxford graduates, Darius Bradbury and Adam Hyslop, after experiencing the difficulties as both private landlord and tenant in the UK property market.[3]

In 2015, OpenRent had the largest number of advertised properties for UK agents, ending the year with more than 2,500 monthly listings.[4] By 2021, OpenRent had let over 500,000 properties.[5]

Investors include Rocket Internet who invested £4.4m in 2017,[6] and Northern and Shell who invested media for an equity stake in June 2014.[7][8]

Claims of illegal discrimination[]

UK homeless charity Shelter have campaigned against what they claim is illegal discrimination by OpenRent, who allow landlords to specify that tenants on housing benefits may not apply to rent their property.[9]

References[]

  1. ^ "Efficiency: OpenRent". The Guardian. Retrieved 9 December 2015.
  2. ^ OpenRent (2019-11-26). "Hello to the 2,000,000th OpenRenter". OpenRent Landlord Hub. Retrieved 2021-04-07.
  3. ^ Renshaw, Rosalind (10 May 2012). "New lettings service lets landlords list on Rightmove for £20". Letting Agent Today. Retrieved 8 December 2015.
  4. ^ Burn-Callander, Rebecca (8 Dec 2015). "easyProperty raises £25m warchest to take on estate agent rivals". Telegraph. Retrieved 9 December 2015.
  5. ^ Office 34, OpenRent; London, 67-68 Hatton Garden; https://d10hbub4nkludc.cloudfront.net/Press_Pack/Press_Pack_Assets/2020/thumbs/blue.png, EC1N 8JY United Kingdom. "Advertise on Rightmove & Zoopla | OpenRent". www.openrent.co.uk. Retrieved 2021-04-07. {{cite web}}: External link in |last3= (help)
  6. ^ "OpenRent, the UK online letting agent, picks up £4.4M from Rocket Internet's GFC". March 2017.{{cite web}}: CS1 maint: url-status (link)
  7. ^ O'Hear, Steve (Aug 18, 2014). "Online Renting Service OpenRent Scores Media-For-Equity Deal From Northern & Shell Ventures". TechCrunch. Retrieved 8 December 2015.
  8. ^ Clawson, Trevor (29 August 2014). "It's Not All About The Money - Trading Equity For Services". Forbes. Retrieved 8 December 2015.
  9. ^ "Tell OpenRent to stop 'No DSS' discrimination". Shelter. Retrieved 30 November 2021.
Retrieved from ""